BY SOUMYA NAIR
How Tesla PROFITS are Skyrocketing in Q2
Tesla has been going through a major crisis since April as its sales fell due to
PANDEMIC RESTRICTIONS IN CHINA
There has been an 18% drop as compared to the first three months of this year.
There has also been a
in their stock prices
BUT THE PROFITS OF THE COMPANY ARE GOING HIGH
They posted an adjusted profit of $2.27 per share due to the price hikes.
TESLA'S NET INCOME NOW IS
Now their goals is to achieve 50 percent average annual growth in their vehicle deliveries.